The report of a service auditor may provide assurance on whether: $$\begin{array} { c }
&\text{Controls are implemented}&\text{
Operating effectiveness of controls}\
\text { A) } & \text { Yes } & \text { Yes } \
\text { B) } & \text { Yes } & \text { No } \
\text { C) } & \text { No } & \text { Yes } \
\text { D) } & \text { No } & \text { No }
\end{array}$$
A)Option A
B)Option B
C)Option C
D)Option D

Question

The report of a service auditor may provide assurance on whether: $$\begin{array} { c } 
&\text{Controls are implemented}&\text{
Operating effectiveness of controls}\
\text { A) } & \text { Yes } & \text { Yes } \
\text { B) } & \text { Yes } & \text { No } \
\text { C) } & \text { No } & \text { Yes } \
\text { D) } & \text { No } & \text { No }
\end{array}$$
A)Option A
B)Option B
C)Option C
D)Option D

Quizplus · Accepted Answer

The report of a service auditor is a type of assurance report that provides a detailed evaluation of a service organization's controls over its services that affect its clients' financial statements. A Type 2 report provides assurance on both the implementation and operating effectiveness of controls, so the correct answer is A. The auditor evaluates whether the controls are correctly implemented (that is, designed effectively and put in place) and operating effectively (that is, working as intended).

The Report of a Service Auditor May Provide Assurance on Whether